Industry News: Mustang production begins

2015 MUSTANG_SKV_18933Production of the new Ford Mustang, which is due to be launched in New Zealand next year, has begun.

For the first time in its 50-year history, Mustang will be available globally to customers in more than 120 countries around the world.

“Mustang is and will continue to be an automotive icon,” says Joe Hinrichs, Ford president of The Americas. “Expanding its availability globally affords our customers around the world the opportunity to have a true firsthand Mustang experience – one unlike any other.” Continue reading “Mustang production begins” »

Industry News: Dealer’s son scores dream drive

14RotaxMaxChallengeRnd4TePukeMarcusArmstrong-1An out-of-the-blue email has led to a dream opportunity for
Christchurch-based Kart sensation, Marcus Armstrong.

The 14 year-old son of prominent dealer Rick Armstrong has been invited
to compete in September’s World KFJ Kart Championships in Essay, France
by one of the world’s top factory Kart teams, Kosmic Racing.

While competing at the world champs has been an objective for
Armstrong, who has already proven fast behind the wheel in both New
Zealand and European (Rotax) Karting championships, the email from
Kosmic was a surprise. Continue reading “Dealer’s son scores dream drive” »

Industry News: Fraudster’s Rolls Royce sells for $83k

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The 1922 Rolls Royce Silver Spirit seized from convicted fraudster
Michael Swann has been sold at auction for $83,000.

Swann stole $16.8 million from the Otago District Health Board and
spent a significant proportion on cars, a number of which were hidden
and have been turning up since his conviction.

Turners sold the car, and the Crown will receive the proceeds. Continue reading “Fraudster’s Rolls Royce sells for $83k” »

Industry News: Dunedin fleet boss stands down over missing cars

Screen Shot 2014-08-29 at 2.33.37 pmThe manager responsible for the department that manages Dunedin City
Council¹s vehicle fleet – Citifleet – has stood down over the ongoing
case of money missing from the disposal of vehicles.

The Otago Daily Times reports that infrastructure and
networks general manager Tony Avery has resigned, saying he accepts
management responsibility for the scandal rests with him.

But he maintains he was not aware of the alleged fraud, or involved. Continue reading “Dunedin fleet boss stands down over missing cars” »

Industry News: ‘Phantom’ finance leads to prison

prison-barsTwo Hamilton businessman who financed equipment multiple times in order to keep their business running have been sent to prison.

In the Hamilton District Court yesterday, Brett Ralph Dutton, 49, and James Peter Moore, 51, were jailed for the offending between March 2007 and October 2008.

According to the Waikato Times, Judge Robert Spear described the offending as “cynical” and “deliberate”. Continue reading “‘Phantom’ finance leads to prison” »

Industry News: Car industry funding to be axed by 2017

holden_2-340x191In its 326-page report on Australia’s automotive industry, the Productivity Commission (PC) has recommended that assistance to both the manufacturing sector and the components manufacturing sector in the form of industry schemes, be abolished as it finds these have not delivered on the promise of kick-starting the automotive industry.

In the Commission’s view, “the policy rationales for industry-specific assistance to firms in automotive manufacturing are weak and the economy wide costs of such assistance outweigh the benefits.”

The PC was originally tasked with looking at all aspects of Australian automotive manufacturing, but changed its terms of reference after all three local manufacturers (Ford, Holden and Toyota) announced they will cease manufacturing by 2017. Continue reading “Car industry funding to be axed by 2017” »

Industry News: Auto-It restructures for growth

Auto-ItSpecialist dealer management systems company, Auto-IT, has announced changes in its top management structure as the company repositions itself for future growth in New Zealand and international markets.

Ken Fife has relinquished the role of chief executive officer to become chairman of the board. Fife was the driving force behind the growth of the business and its success in achieving the number-two market position in Australia and New Zealand.

Fife’s move allows chief operating officer, Wayne Rushworth, into the role of ceo. Rushworth has been with Auto-IT for the past nine years and previously held a number of senior positions with the ANZ Banking Group. Continue reading “Auto-It restructures for growth” »

Industry News: All-new BMW X4 arrives in dealerships

P90143827_lowResThe all-new BMW X4, a brand new sport activity coupe following in the footsteps of the X6, is now officially on sale in New Zealand – and BMW dealers around the country are reporting significant interest in it.

“The predecessor to the X4, the larger X6, was the first sport activity coupe in the world and has enjoyed considerable sales success with more than 250,000 units sold globally since launch in 2008,” says BMW Group New Zealand managing director Nina Englert.

“We have similar high hopes for the X4 as it too offers benefits in terms of functionality, versatility – and of course performance.” Continue reading “All-new BMW X4 arrives in dealerships” »

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